Buddhas Light International Association

Analysis

Buddhas Light International Association is a registered charity in United States, based in Hacienda HTS, CA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Buddhas Light International Association reported income of $765k and spending of $930k, spending 122% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $336k to $765k (+127%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 205%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buddhas Light International Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Rebuilding Together Okc Inc ($765k), Bethlehem Farm Inc ($765k) and American Association of Physical Anthropologists ($765k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 65% of the total. Other salaries and wages came to $41k. At year end it held assets of $5.5m against liabilities of $3,590, net assets of $5.5m.